49, HAZELWOOD CLOSE, LUTON, LU2 8AR - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

49 HAZELWOOD CLOSE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £310,000 in July 2017, which was around 23% below the average July 2017 detached price in the Luton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

49 HAZELWOOD CLOSE Sold Prices

Land registry data shows two sales for 49 HAZELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 49 HAZELWOOD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 11 JUL	£310,000	£400,357	23% below HPI
1995 30 NOV	£72,000	£74,701	4% below HPI

49 HAZELWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 49 HAZELWOOD CLOSE sales from November 1995 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 49 HAZELWOOD CLOSE?

49 HAZELWOOD CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 49 HAZELWOOD CLOSE lies on this distribution: 46% of detached houses are smaller than 49 HAZELWOOD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Luton.

49 HAZELWOOD CLOSE: Plot and Title Map

49 HAZELWOOD CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 49 HAZELWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 49 HAZELWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 49 HAZELWOOD CLOSE?

49 HAZELWOOD CLOSE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 49 on HAZELWOOD CLOSE.